Median rent is 15% lower in Los Angeles ($1,879/mo vs $2,213/mo). Buying is cheaper in Lakewood Ranch, where the median home runs $626,500 versus $879,500. Households earn more in Lakewood Ranch ($123,471 vs $80,366 a year).
City A
Lakewood Ranch, FL
City B
Los Angeles, CA
How much would you need to earn in Los Angeles, CA to maintain your standard of living from Lakewood Ranch, FL?
A cost-of-living index isn't available for one of these cities yet, so we can't compute an equivalent salary.
Based on BEA Regional Price Parity (cost index) for each city's metro area. A rough estimate of overall purchasing power, not tax or take-home pay.
Metric
Lakewood Ranch
Florida
Los Angeles
California
👥Population
💰Median Household Income
Annual
🏠Median Gross Rent
Per month
🏡Median Home Value
📊Cost of Living Index
US avg = 100
🔑1BR Fair Market Rent
HUD FMR
🔑2BR Fair Market Rent
HUD FMR
🔑3BR Fair Market Rent
HUD FMR
🌬️Air Quality Index
Lower = cleaner
🏛️Top State Income Tax
Top marginal rate
🧾State Sales Tax
Statewide base rate
🎂Median Age
Years
✓ = better value · Sources: US Census ACS, BEA RPP, HUD FMR, EPA AirNow, Tax Foundation
Median rent is modestly lower in Los Angeles at $1,879/mo compared to $2,213/mo in Lakewood Ranch (15% gap). Home buyers face a steeper market in Los Angeles: the median home is $879,500 versus $626,500 in Lakewood Ranch — 29% more expensive.
1BR Fair Market Rent
2BR Fair Market Rent
BLS OEWS 2023 — metro-level data
Florida has no state income tax, while California tops out at 13.30% — giving Lakewood Ranch a clear advantage for high earners. Sales tax is 6.00% in Florida and 7.25% in California; Lakewood Ranch has the lower rate (local add-ons may apply in both).
Lakewood Ranch
Income tax: None
Sales tax: 6.00%
Los Angeles
Income tax: 13.30%
Sales tax: 7.25%
Air quality data is available for Los Angeles (avg AQI 77.0) but not yet for Lakewood Ranch.
Pick Lakewood Ranch if you prioritize higher median household income ($123,471/yr).
Pick Los Angeles if you prioritize cheaper rent ($1,879/mo median).
Pick Lakewood Ranch if you prioritize no state income tax.
Is Lakewood Ranch cheaper than Los Angeles?
Cost of living index data is not yet available for one or both cities.
How much is rent in Lakewood Ranch vs Los Angeles?
Median rent is $2,213/mo in Lakewood Ranch, FL and $1,879/mo in Los Angeles, CA. Los Angeles, CA has the lower rent by about 15%.
Which has higher salaries — Lakewood Ranch or Los Angeles?
Median household income is $123,471 in Lakewood Ranch, FL and $80,366 in Los Angeles, CA. Lakewood Ranch, FL has the higher median income. Note that BLS occupational wages in the table above show wages for specific jobs.
Which city has better air quality?
Air quality data is not yet available for one or both cities.
Which has lower taxes — Lakewood Ranch or Los Angeles?
Florida has no state income tax. California has a top rate of 13.30%.
What salary do I need in Los Angeles to match my Lakewood Ranch income?
RPP data needed for salary equivalence calculation is not yet available.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology